NexDisplay will build four LCD plants in Hungary

South-Korean NexDisplay is to build four LCD plants in Hungary.

The total investment sum amounts to approximately €110 million. The first plant is expected to start operating in 2011 and will employ 600 people. The construction of the first plant is expected to start in November this year and it will be located in the industrial park of Szentgotthárd in Hungary, according to Portfolio. When the other three plants will be build has not been made official yet.